Unclaimed Property in Florida: A Guide to Reclaiming Your Lost Assets

Unclaimed Property in Florida: A Guide to Reclaiming Your Lost Assets

Unclaimed property is a term that may not be familiar to everyone, but it could hold significant value to you. If you’ve ever left money in a bank account, forgotten to cash a check, or lost track of a financial asset, there’s a chance that it might be considered unclaimed property. In Florida, like many other states, unclaimed property is governed by specific laws and regulations to ensure that lost assets are returned to their rightful owners. unclaimed property florida.

In this article, we’ll explore what unclaimed property is, why it happens, and how you can reclaim your lost assets in the Sunshine State.

What is Unclaimed Property?

Unclaimed property refers to financial assets and valuables that have been abandoned or forgotten by their owners. Common types of unclaimed property include:

  • Bank Accounts: Accounts with no activity or contact from the owner for an extended period are considered unclaimed. This can happen when people move, change their contact information, or simply forget about the account.
  • Uncashed Checks: If you received a check but never cashed it, the funds may eventually be turned over as unclaimed property.
  • Stocks and Bonds: Forgotten or misplaced stock certificates and bonds can become unclaimed property.
  • Insurance Policies: Unclaimed life insurance policies, annuities, and dividends are also categorized as unclaimed property.
  • Safe Deposit Boxes: Safe deposit boxes can become unclaimed if the owner fails to pay rent or if the bank loses contact with the owner.

Why Does Unclaimed Property Happen?

Unclaimed property can occur for various reasons:

  • Change of Address: People move, and sometimes they forget to update their contact information with financial institutions.
  • Forgetfulness: In the hustle and bustle of life, it’s easy to forget about an old bank account or an uncashed check.
  • Death: When someone passes away, their heirs may not be aware of all their financial assets.
  • Name Changes: Marriage or a legal name change can make it challenging to track down assets in old names.
  • Lack of Communication: If financial institutions cannot reach an account holder due to outdated contact information or inactivity, the assets may become unclaimed property.

The Florida Unclaimed Property Program

The Florida Department of Financial Services operates the Florida Unclaimed Property Program, which serves as a custodian for unclaimed assets until they can be returned to their rightful owners. Here’s how the process works:

  • Identification: Financial institutions, businesses, and government agencies are required by law to report unclaimed property to the Florida Department of Financial Services.
  • Search for Your Property: To reclaim your unclaimed property, visit the official website of the Florida Unclaimed Property Program (https://www.fltreasurehunt.gov/). Use the search tool to check if you have any unclaimed property in your name.
  • Submit a Claim: If you find unclaimed property that belongs to you, submit a claim through the website. You’ll need to provide proof of your identity and ownership.
  • Verification: The Florida Department of Financial Services will review your claim and verify your ownership.
  • Receiving Your Property: If your claim is approved, you will receive your unclaimed property, either as a check or a direct deposit.

Tips for Claiming Your Unclaimed Property

Reclaiming your unclaimed property florida is relatively straightforward, but here are some tips to ensure a smooth process:

  • Regularly Check for Unclaimed Property: Visit the Florida Unclaimed Property Program’s website periodically to search for any new unclaimed property in your name.
  • Provide Accurate Information: When submitting a claim, ensure that all your information is accurate and matches the information on the unclaimed property record.
  • Be Patient: The claims process may take some time, so be patient and follow up if needed.
  • Keep Records: Make copies of all documents related to your claim, including correspondence with the Florida Department of Financial Services.


Unclaimed property is a common occurrence that can happen to anyone. In Florida, the Unclaimed Property Program makes it relatively easy for residents to reclaim their lost assets. By staying informed and periodically checking for unclaimed property, you can ensure that you don’t miss out on any money or valuables that rightfully belong to you. So, take a few minutes to search for unclaimed property, and you might be pleasantly surprised by what you find.